Evexia Wealth LLC Has $9.52 Million Stock Holdings in Apple Inc. (NASDAQ:AAPL)

Evexia Wealth LLC cut its stake in shares of Apple Inc. (NASDAQ:AAPLFree Report) by 0.5% in the third quarter, according to its most recent disclosure with the SEC. The firm owned 55,624 shares of the iPhone maker’s stock after selling 296 shares during the period. Apple comprises about 4.8% of Evexia Wealth LLC’s holdings, making the stock its 3rd biggest holding. Evexia Wealth LLC’s holdings in Apple were worth $9,517,000 as of its most recent filing with the SEC.

Other large investors also recently added to or reduced their stakes in the company. Atlantic Private Wealth LLC acquired a new stake in shares of Apple in the first quarter valued at about $30,000. Cheyne Capital Management UK LLP raised its position in shares of Apple by 200.0% in the third quarter. Cheyne Capital Management UK LLP now owns 275 shares of the iPhone maker’s stock valued at $212,000 after buying an additional 550 shares during the last quarter. West Tower Group LLC purchased a new stake in shares of Apple in the second quarter valued at about $64,000. HBC Financial Services PLLC grew its holdings in shares of Apple by 21.7% in the first quarter. HBC Financial Services PLLC now owns 448 shares of the iPhone maker’s stock valued at $49,000 after purchasing an additional 80 shares during the period. Finally, Clear Perspectives Financial Planning LLC grew its holdings in shares of Apple by 27.3% in the first quarter. Clear Perspectives Financial Planning LLC now owns 983 shares of the iPhone maker’s stock valued at $172,000 after purchasing an additional 211 shares during the period. 58.51% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other Apple news, SVP Katherine L. Adams sold 123,448 shares of the business’s stock in a transaction on Friday, November 17th. The shares were sold at an average price of $188.79, for a total transaction of $23,305,747.92. Following the sale, the senior vice president now directly owns 293,266 shares in the company, valued at approximately $55,365,688.14. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. In other news, SVP Katherine L. Adams sold 123,448 shares of Apple stock in a transaction on Friday, November 17th. The stock was sold at an average price of $188.79, for a total transaction of $23,305,747.92. Following the completion of the transaction, the senior vice president now owns 293,266 shares of the company’s stock, valued at approximately $55,365,688.14. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, insider Chris Kondo sold 5,513 shares of Apple stock in a transaction on Wednesday, November 29th. The stock was sold at an average price of $192.00, for a total value of $1,058,496.00. Following the transaction, the insider now directly owns 29,174 shares of the company’s stock, valued at approximately $5,601,408. The disclosure for this sale can be found here. Insiders own 0.06% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently issued reports on AAPL shares. Redburn Partners lowered shares of Apple to a “neutral” rating and set a $200.00 price objective for the company. in a report on Wednesday, January 10th. Bank of America raised shares of Apple from a “neutral” rating to a “buy” rating and upped their price objective for the company from $208.00 to $225.00 in a report on Thursday, January 18th. Piper Sandler dropped their price objective on shares of Apple from $205.00 to $190.00 and set a “neutral” rating for the company in a report on Friday, February 2nd. Wedbush reaffirmed an “outperform” rating and set a $250.00 target price on shares of Apple in a research note on Tuesday, January 30th. Finally, KeyCorp reaffirmed a “sector weight” rating on shares of Apple in a research note on Monday, October 30th. One research analyst has rated the stock with a sell rating, eleven have assigned a hold rating, twenty-one have assigned a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $205.72.

Check Out Our Latest Research Report on Apple

Apple Stock Performance

NASDAQ:AAPL opened at $188.85 on Friday. The firm’s fifty day moving average price is $190.51 and its 200 day moving average price is $184.12. Apple Inc. has a 1-year low of $143.90 and a 1-year high of $199.62. The company has a debt-to-equity ratio of 1.28, a current ratio of 1.07 and a quick ratio of 1.02. The firm has a market cap of $2.92 trillion, a price-to-earnings ratio of 29.42, a price-to-earnings-growth ratio of 2.27 and a beta of 1.31.

Apple (NASDAQ:AAPLGet Free Report) last posted its quarterly earnings data on Thursday, February 1st. The iPhone maker reported $2.18 earnings per share for the quarter, beating analysts’ consensus estimates of $2.09 by $0.09. The firm had revenue of $119.60 billion for the quarter, compared to analyst estimates of $117.99 billion. Apple had a net margin of 26.16% and a return on equity of 156.04%. Apple’s quarterly revenue was up 2.1% on a year-over-year basis. During the same period last year, the firm posted $1.88 EPS. On average, sell-side analysts expect that Apple Inc. will post 6.56 EPS for the current year.

Apple Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Thursday, February 15th. Shareholders of record on Monday, February 12th will be given a dividend of $0.24 per share. The ex-dividend date of this dividend is Friday, February 9th. This represents a $0.96 annualized dividend and a dividend yield of 0.51%. Apple’s payout ratio is currently 14.95%.

Apple Company Profile

(Free Report)

Apple Inc designs, manufactures, and markets smartphones, personal computers, tablets, wearables, and accessories worldwide. The company offers iPhone, a line of smartphones; Mac, a line of personal computers; iPad, a line of multi-purpose tablets; and wearables, home, and accessories comprising AirPods, Apple TV, Apple Watch, Beats products, and HomePod.

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Institutional Ownership by Quarter for Apple (NASDAQ:AAPL)

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